I think what this represents is lower wage individuals leaving, rather than a mass exodus, because it’s not like the vacancy rate is rising or housing costs are going down.

“Nobody goes there anymore. It’s too crowded.”

So many people are leaving the San Francisco Bay Area, that local U-Hauls are facing truck shortages, and the price of renting one-way trucks out is almost twenty times what it is to rent them to the area. https://t.co/h9qOjMhgcp

— Antonio García Martínez (@antoniogm) May 21, 2018